KentT
Elite Member
- Joined
- Mar 31, 2005
- Messages
- 2,928
- Location
- Sevierville, TN
- Tractor
- 1993 Power Trac 1430 w/Kubota diesel engine
</font><font color="blue" class="small">( In general, I like the idea of creating a better marketplace for used PT attachments. I have an 18” auger but no post hole digger (sold the original PHD to the neighbor). I’d like to have a PHD again but don’t have a compelling need at the moment and can’t justify the expense. However, I keep the auger because, someday, I will buy another PHD. In the interim, prices keep going up and I won’t be able to find a used one when I’m ready. If there was a ready market for used PT attachments, I would sell it now and buy a used one when and if I ever needed it again.
The other advantage of a better market is that prices could find their natural equilibrium. When I’ve priced used PT attachments in the past, I find that the sellers usually fall into one of two camps. One group realizes the market for used PT attachments is very small and, therefore, prices the attachment very aggressively so it will sell. Usually this is around 50% or so of current list price. The other group wants to recover as much of the original purchase price as possible and usually charges 80%+ of list. If a good marketplace existed, like eBay has for many items, one could get a “feel” for the reasonable value of the item by watching historical sales prices. This would help both buyers and sellers because a “fair” price would be easier to determine.
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Your perspective mirrors my experience exactly -- I can't sell a used 60" finish mower for 1/2 the price of new, yet when I've gotten prices from others they want 80% of the new price....
So, I've neither bought nor sold any used attachments... /forums/images/graemlins/confused.gif
The other advantage of a better market is that prices could find their natural equilibrium. When I’ve priced used PT attachments in the past, I find that the sellers usually fall into one of two camps. One group realizes the market for used PT attachments is very small and, therefore, prices the attachment very aggressively so it will sell. Usually this is around 50% or so of current list price. The other group wants to recover as much of the original purchase price as possible and usually charges 80%+ of list. If a good marketplace existed, like eBay has for many items, one could get a “feel” for the reasonable value of the item by watching historical sales prices. This would help both buyers and sellers because a “fair” price would be easier to determine.
)</font>
Your perspective mirrors my experience exactly -- I can't sell a used 60" finish mower for 1/2 the price of new, yet when I've gotten prices from others they want 80% of the new price....
So, I've neither bought nor sold any used attachments... /forums/images/graemlins/confused.gif